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Plot of Land

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Sujal | 20:34 Tue 13th Feb 2007 | Business & Finance
2 Answers
Buying a plot of land.
Questions are as follows.
Is capital is safe.
How to monitor the value of land.
Capital gain tax after sales.
Maintenance of land.
Personal Pension fund possible to invest.
Other advantage and dis-advantage.
Look forward to hear your views.
Many thanks.
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I was googling for Agricultural Land prices and noticed that there seem to be firms selling land broken up into plots without planning permision.
I was a bit suspicious, are they hoping people will think that it will get planning?
If a field is broken up into small plots how can you rent your part of it for grazing or other use?

Maybe it's just my suspicious mind.
I'd like to know where to find land prices too.
Oh yes, DC, its a well-known scam - maybe not as well-known as it ought to be.
There's no simple answer to the original question. Very rough answers could be
agricultural land - �3000 per acre
'amenity land' - paddock for horses, �10k per acre
land on which PP can be or has been granted - depends entirely on the sales price potential for the houses when built. Always remember, its not the price of land that drives up the price of houses, its the other way around. The ability of buyers to pay for a house drives up the sales price - that drives up the bid price of land.

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